Revenue recognition change
beta
Filing comparison
UNIVEST FINANCIAL Corp changed its revenue recognition disclosure
The Corporation's revenue is the sum of net interest income and noninterest income.
Evidence
- New language
- The Corporation's revenue is the sum of net interest income and noninterest income., The Corporation provides services to customers which have related performance obligations that are completed to recognize revenue., The Corporation's revenues are generally recognized either immediately upon the completion of the services or over time as the services are performed.
- Prior filed
- 2025-02-24
- Prior form
- 10-K
- Similarity
- 0.001
- Source
- revenue recognition note comparison
- Threshold
- 0.6
- Why
- The revenue recognition policy disclosure changed materially from the previous comparable filing.
Language present now, absent from the prior filing:
- The Corporation's revenue is the sum of net interest income and noninterest income.
- The Corporation provides services to customers which have related performance obligations that are completed to recognize revenue.
- The Corporation's revenues are generally recognized either immediately upon the completion of the services or over time as the services are performed.